Spend too much on your Credit Card this Christmas? Need some tips on how to get the interest rate lowered? News4Colorado have these 5 simple tips for lowering interest rates on Credit Cards.

‘1. Ask. And if you don’t get anywhere, ask to speak to a supervisor.
2, Follow this script: “I am a good customer, but I have received several offers in the mail from other credit card companies with lower APR’s. I would like a lower rate on this card.”
3. If you get turned down, don’t give up. On another day you might get a different answer. Try using lines like “What can you do to help me out? or “Can you do any better?”
4. Consider paying off your high interest credit card with a lower interest bank or home equity loan. That interest might even be tax deductible.
5. If all else fails, ask for help from credit counselors at Consumer Credit Counseling Service. They often can lower your interest rate.’

Read more at Tips For Lowering Your Rate On Your Credit Card

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